Exhibit 21-8

-Refer to Exhibit 21-8.If the price of good X rises,the budget constraint moves from budget constraint
A) 1 to 2.
B) 2 to 3.
C) 3 to 1.
D) 1 to 3.
E) a or c

Question

Exhibit 21-8
 
-Refer to Exhibit 21-8.If the price of good X rises,the budget constraint moves from budget constraint
A) 1 to 2. 
B) 2 to 3. 
C) 3 to 1. 
D) 1 to 3. 
E) a or c

Quizplus · Accepted Answer

The Answer of Exhibit 21-8
 
-Refer to Exhibit 21-8.If the price of good X rises,the budget constraint moves from budget constraint
A) 1 to 2. 
B) 2 to 3. 
C) 3 to 1. 
D) 1 to 3. 
E) a or c

Exhibit 21-8 -Refer to Exhibit 21-8.If the Price of Good X Rises,the